More of taxpayers’ money is spent on maintaining the Houses of Parliament than is made available for vital improvements on the rest of England’s 20 million privately rented and owner-occupied homes, a new report details today.
The £100 million average annual bill for maintaining the Houses of Parliament is higher than the average yearly spend (£93 million) national government issues for home improvement grants, a new report from the Centre for Ageing Better and the Healthier Housing Partnership today reveals.
And even the lowest, most optimistic projected cost of repairing the Houses of Parliament (£7bn) is almost double the amount of money spent over the past 20 years (£4.2bn) repairing the nation’s homes, reveals the report authored by housing renewal expert Dr Richard Turkington from The Healthier Housing Partnership.
In total, £2.3 billion has been cut from national home improvement funding over the past 12 years. This has prevented the repair of almost 600,000 homes and unnecessarily endangered the lives of more than one million people, the Lost Opportunities report published today reveals.
Over this time, national government has spent an average of just £93 million per year on home improvement grants – down more than 70% compared to the yearly average of £327 million between 2001/2 and 2010/11.
If the higher funding levels had been maintained, more than a quarter of homes with the most serious problems, Category 1 health hazards that pose the threat of permanent paralysis, permanent loss of consciousness, loss of a limb or serious fractures and even death to residents, would now have been renovated.